Bloomberg’s Julianna Goldman reports that G.E.’s CEO, Jeffrey Immelt, is not “rooting for Republican presidential hopeful Mitt Romney in this year’s election.” Immelt is head of President Obama’s Council on Jobs and Competitiveness, as well as an informal economic adviser to the president.

“The story is nonsense,” GEO spokesman Andrew Williams told Goldman in response to a question about a report saying that Immelt would support Romney. “Jeff has said many times that the president is a good partner to work with on the jobs council. Jeff has also said that the president is a good listener and has been highly engaged with the council and its work. He still believes that today.”